What the end of price matching at Target US signals about its future strategy

A young child standing next to his mother holding a red Target shopping basket in the middle of a store aisle.
“You don’t win by compromising your identity for short-term margin gains,” cautioned David Happe.
Twelve years after launching the program, Target has officially ended its policy of matching prices with those of competitors, including Amazon and Walmart.  Effective as of July 28, the retail chain will now only price match products within its own store network and online, within 14 days of a price drop. A Target spokesperson explained that the switch reflects its customers’ overall satisfaction with the retailer’s price offerings.  “We’ve found our guests overwhelmingly

This content is for IR Pro subscribers only.

Subscribe now to unlock an all-access pass.

IR Pro - Monthly

$28 +GST per month. (Auto renews at $28+GST per month.)
  • Daily IR Pro content delivered to your inbox
  • Essential retail insights and intelligence
  • Independent research reports and forecasts
  • Weekly career and leadership advice
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now
EOFY OFFER

IR Pro - Annual

$199 +GST per year. Save 40%. (Auto renews at $312+GST (full rate) annually.)
  • Daily IR Pro content delivered to your inbox
  • Essential retail insights and intelligence
  • Independent research reports and forecasts
  • Weekly career and leadership advice
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now

Recommended By IR